Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.54% to 6,015.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.47% to 6,100.00
- AUD/USD at US 75 cents
- Gold at US$1,324.40 an ounce
- Brent Oil at US$74.73 a barrel
The biggest news of the day was Australia and New Zealand Banking Group’s (ASX: ANZ) half-year profit report, the big bank delivered cash profit growth of 4%. The share price finished 2.35% higher today.
It wasn’t good news for Blue Sky Alternatives Access Fund Ltd (ASX: BAF) shareholders as the listed investment company announced today that it had sold two of its investments, one for less than its carrying value, this sent the share price down 2.82%.
WiseTech Global Ltd (ASX: WTC) went up by 5.3% after upgrading its revenue guidance for FY18.
Another share to do well today was IOOF Holdings Limited (ASX: IFL), the wealth business pointed out to shareholders how well its new acquisition performed in the ANZ result, which sent the share price up 4.68%.
Finally, Sigma Healthcare Ltd (ASX: SIG) had another good day with the share price going up by 5.2% on no company news.
Here are some of today’s top stories:
- Sydney and Melbourne house prices fall again
- RBA keeps rates on hold: So buy these 3 dividend shares
- Why regulators roasted Commonwealth Bank of Australia again
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Motley Fool contributor Tristan Harrison owns shares of Ramsay Health Care Limited. The Motley Fool Australia owns shares of and has recommended PRO Medicus Ltd. The Motley Fool Australia owns shares of WiseTech Global. The Motley Fool Australia has recommended Ramsay Health Care Limited and Servcorp Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.